SR-22 Certified Insurance - Costs
The first question drivers have when they are told they need to obtain an SR-22 is "How much does an SR-22 cost?"
SR-22 filing costs
An SR-22 is a state-filed certification that proves you have in force the required insurance coverage, and it is not the actual underlying insurance policy or coverage. As such, your cost for the filing itself is limited to any filing fees charged in your state by your insurance company. These fees may vary by state and are usually $25 or less per filing.
You'll still have to pay for your underlying auto liability insurance coverage, though, and you may face additional costs due to your traffic violation. Sometimes states charge a license reinstatement fee if your license has been suspended, and fines and penalties for driving without insurance in the first place. But these costs are not directly related to the SR-22. They are the result of the traffic violation that led to you needing an SR-22 in the first place.
Determining SR-22 insurance rates
Although having an SR-22 certificate filed may not affect your insurance premium rate, the related traffic violation that led to an SR-22 may increase the cost of your insurance.
Car insurance rates are based on many factors including your driving record, which is why violations can lead to higher insurance premiums. To decrease your insurance premiums, one option is to look for discounts from your insurer and to drive safely. Just as it's possible for your rates to increase because of poor driving habits, they can decrease due to good driving habits.
Though it varies by state, other factors that auto insurance companies may take into account when determining car insurance premiums include the make, model, and year of your vehicle, where you garage and drive, and how much you drive in a year.
Of course, your coverage options can impact your premiums too. Most states have certain minimum auto liability coverage amounts that must be met to comply with the law, but this coverage alone may not be enough to protect you in a car accident. You'll likely want to consider adding additional coverage options to your policy, which can affect your premiums.
How much coverage you choose and your deductible amounts will also impact your rates. Higher deductibles, for example, can lead to lower premiums. But keep in mind that if you are involved in an accident you may have to pay that deductible amount yourself before your insurance begins to cover any damages. Therefore it’s always wise to balance premium costs with how much you can afford to pay out of pocket.
Obtaining an SR-22 insurance quote
Not all insurers issue SR-22s, but Titan Insurance does. Titan is licensed to do business in most states and has the ability to file the SR-22 for you. You don't have to obtain the SR-22 from your current insurance provider so feel free to get cheap SR-22 insurance from Titan.
The provided information and safety suggestions were obtained from sources believed to be reliable and is intended for informational purposes only. Titan and its affiliates assume no liability in connection with providing it or your use of it. Your circumstances may not warrant or require some or all of the safety suggestions, and there may be additional available safety procedures that are not referenced on this webpage.